9.25% Srei Equipment Finance Ltd - D Rated (INE881J08573)

Srei Equipment Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE881J08573, with a face value of ₹1,000 rs on 08Aug17 to raise 176.4814 crores. The debt instrument is issued with a coupon rate of 9.25% and its interest is paid Monthly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is 9.25% UNSECURED REDEEMABEL NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES I. LETTER OF ALLOTMENT. DATE OF MATURITY 08/11/2022. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 11Aug17 & on NSE stock exchange on 11Aug17. Acuite Ratings And Research Limited has given D rating to this Debenture on 22Oct21. This issuer is formerly known as SREI EQUIPMENT FINANCE PRIVATE LTD, SREI INFRA DEV FINANCE PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.